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LondonMetric sells two M&S assets and buys retail development in Durham
LondonMetric Property has sold two M&S convenience stores for £10.7 million (c. €12.1 million), reflecting a NIY of 4.5%, and purchased a convenience development in Durham pre-let to Lidl for £13.3 million (c. €15.04 million), reflecting a yield on cost of 5.4%. The two M&S stores which have been sold…
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